Dao Foods

Dao Foods, founded in 2018 and based in Toronto, Canada, is a venture capital firm focused on investing in plant-based meat and alternative protein companies. The firm targets entrepreneurs developing innovative food products that cater to the growing demand among Chinese millennials. By concentrating on companies based in mainland China and those that offer strategic value to the Chinese market, Dao Foods aims to capitalize on a significant business opportunity while promoting social impact. Additionally, the firm operates an incubator program to support the growth and development of these enterprises.

Albert Tseng

Co-Founder

2 past transactions

Cultured Decadence

Pre Seed Round in 2021
Cultured Decadence is a startup based in Madison, Wisconsin, focused on cellular aquaculture to produce crustacean products. Founded in 2020, the company employs innovative cell culture and tissue engineering techniques to create lobster and crab meat directly from the animals' cells, eliminating shell, organs, and waste. This approach addresses the increasing global demand for sustainable and nutritious seafood, offering a more environmentally friendly alternative to traditional fishing methods.

Starfield Food Science Technology

Angel Round in 2020
Starfield Food Science Technology is a Chinese company based in Shenzhen that specializes in producing plant-based meat products. Founded in 2017, the company operates its own research and development facilities as well as manufacturing plants. Starfield is committed to creating safe, healthy, and environmentally friendly food options, with a long-term goal of developing artificial meat products that are indistinguishable from animal-based meats. The company sells its products through various outlets and online platforms.
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